Sequoia Financial Advisors LLC Has $553,000 Stock Position in iShares Core High Dividend ETF (NYSEARCA:HDV)

Sequoia Financial Advisors LLC boosted its position in iShares Core High Dividend ETF (NYSEARCA:HDV) by 90.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,927 shares of the exchange traded fund’s stock after buying an additional 2,345 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Core High Dividend ETF were worth $553,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in shares of iShares Core High Dividend ETF in the fourth quarter valued at about $25,000. Providence First Trust Co acquired a new stake in iShares Core High Dividend ETF in the 4th quarter valued at approximately $30,000. Providence Capital Advisors LLC acquired a new position in shares of iShares Core High Dividend ETF during the third quarter worth approximately $32,000. Westside Investment Management Inc. boosted its position in shares of iShares Core High Dividend ETF by 57.1% in the third quarter. Westside Investment Management Inc. now owns 297 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 108 shares during the period. Finally, Roxbury Financial LLC acquired a new stake in shares of iShares Core High Dividend ETF in the fourth quarter worth $42,000.

iShares Core High Dividend ETF Trading Up 1.2 %

Shares of HDV stock opened at $120.40 on Tuesday. iShares Core High Dividend ETF has a 1 year low of $105.65 and a 1 year high of $122.50. The firm’s fifty day simple moving average is $116.50 and its 200 day simple moving average is $116.99. The firm has a market capitalization of $11.13 billion, a P/E ratio of 19.30 and a beta of 0.79.

About iShares Core High Dividend ETF

The iShares Core High Dividend ETF (HDV) is an exchange-traded fund that is based on the Morningstar Dividend Yield Focus index. The fund tracks a dividend-weighted index of 75 high-yielding US equities, screened for high earnings potential and dividend sustainability. HDV was launched on Mar 29, 2011 and is managed by BlackRock.